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  • April 19, 2014
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  1. Business - Economy - TRADE

    Outgoing commerce chief warns over trade, inflation

    Posted Mar 08th 2013, 05:23pm by Victoria Ruan, Cary Huang

    ... Victoria Ruan and Cary Huang in Beijing Despite strong export figures for last month, outgoing commerce chief says depreciation of US dollar and yen may have negative impact Minister fires warning on trade and inflation The outgoing commerce minister fired a parting shot at Japan and the United States over the negative impact of their monetary easing on China's trade. Chen ...

  2. Mainland prices keep dropping as experts shrug off deflation fears

    Posted May 12th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland consumer and wholesale prices fell at a faster pace last month, marking the most serious slowdown in almost two decades, but analysts are unconcerned, saying the deflationary pressure is temporary. The consumer price index fell 1.5 per cent year on year, following a 1.2 per cent decline in March, the National Bureau of Statistics said yesterday. The index has ...

  3. Mainland CPI falls 1.6pc to raise fears of deflation

    Posted Mar 11th 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland consumer prices fell last month for the first time in more than six years, raising fears of deflation and underscoring weakness in the world's third-largest economy. Officials and some economists played down deflation fears, saying the price decline could be temporary as Beijing's stimulus package and a surge in lending lifted demand. ...

  4. Revenue, inflation falls point to contraction

    Posted Dec 12th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing The mainland's fiscal revenue fell significantly last month, while inflation slowed markedly, showing that the country's economy has been hit harder than expected by the global economic crisis and may face a contraction. Fiscal revenue, which includes tax receipts and other income flowing to the provinces and the central government, dropped 3.1 per ...

  5. Rising prices eat into incomes

    Posted Apr 26th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Urban residents saw growth in their incomes and consumption slow abruptly in the first quarter. Rising prices also eroded much of their gains and a slowing economy and bearish stock market curtailed spending. In nominal terms the per capita disposable income of urban dwellers grew 11.5 per cent compared with a year earlier, to reach 4,386 yuan (HK$4,875) ...

  6. PBOC cuts 'fine-tuning' of policy

    Posted Sep 19th 2008, 12:00am by Cary Huang

    ... Cary Huang and Jane Cai in Beijing The central bank's surprise cuts in lending rates and the reserves it requires commercial banks to make do not signify a fundamental shift towards a loose monetary policy, according to a former central banker and influential lawmaker. Wu Xiaoling, a former central bank vice-governor, said the latest action just represented fine-tuning ...

  7. Inflation dip offers scope for stimulus

    Posted Sep 11th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland consumer prices up 4.9pc, a 14-month low, but experts cautious Consumer price inflation on the mainland unexpectedly fell to a 14-month low as food became more affordable, giving Beijing more leeway to boost economic growth and fight a global slowdown. The politically sensitive consumer price index rose 4.9 per cent in August over the same month ...

  8. Mainland retailers see sales jump 21.6pc despite quake

    Posted Jun 14th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Growth near 9-year high even with shorter May Day break Mainland retail sales shrugged off last month's earthquake and shortened public holiday to grow at nearly the fastest pace in at least nine years, showing further signs China could count on strong domestic spending to cushion a slowdown in exports. Retail sales grew 21.6 per cent year on year in May, ...

  9. Mixed signals as inflation slows, money supply rises

    Posted Jun 13th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Excessive liquidity weighs on fight to control price increases Consumer inflation on the mainland slowed last month because of more stable food prices, but the money supply accelerated, providing a mixed message on the economy as the country battles to control inflation while keeping growth on track. The consumer price index (CPI) increased 7.7 per cent year ...

  10. PPI data fuels profit margins fears

    Posted Aug 12th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland stocks slump as factory-gate prices surge 10pc, the fastest pace in 12 years Factory-gate prices on the mainland surged at the fastest pace in 12 years last month, adding to concerns rising costs will eat further into corporate profit margins. The producer price index rose 10 per cent from July last year, the National Bureau of Statistics said ...




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